Mortgage and Housing Trends

Mortgage rates in Canada are derived from the Bank of Canada Rate, both the bank rate and mortgage rates over the past year have been at decade lows. – Bank of Canada rate currently at .25%, bank prime rate at 2.25% – 5 year posted mortgage rates at 5.25%...

Market Update – January 31st, 2012

If you are not aware, 2012 has had the best January start since 1997. It is an election year and I am hopeful the gridlock in U.S Congress will subside – maybe even turn their focus on fixing their housing market and unemployment rate! In addition, if we can see...